Short DAX 10.260. SL 10.365 (1R = 105 points = 1% risk)

SophieFX's Journal

Yes, I think so. A break can be good. Go to the sea or the woods. Bring some wine. It usually gives perspective and clarity I think you are almost there...

My trades (afterwork)

The short in the Dax was stopped for -1.5%. That's alright. EUR/AUD and GBP/AUD are starting to move. I have moved my stops down to today's highs on these weekly trades.

SophieFX's Journal

AUD/USD has retraced to 7050 S/R so I am taking off the profit for now. Sitting on +6% in open P&L right now and I don't like to give too much back to the markets. Keeping short EUR/AUD and GBP/AUD running as these are weekly trades. I am also ...

SophieFX's Journal

Since things are going so well, I have done this range trade on the German Dax /CFD. RR is 1:5 so fairly nice if the index swings lower again. Oscillating above 10.000 seems like consensus right now...

SophieFX's Journal

Hi dimdel Remember that 70-90% of all days are non-trending and yesterday was a good consolidation day and I just sat on my hands even though the markets slowly pushed me in an open P&L drawdown. Today things turned around and I am up on Oil and ...

SophieFX's Journal

Thank you Guitarbloke Nice name btw :-) I am long from 46 and will buy limit 45 with stop @ 42. We'll see how it plays out

james16 Chart Thread

Hi dimdel Perhaps, but with monthly pin bar and weekly bullish outside bar plus some divergence, I am not inclined to sell this market. But I am not ruling out the chance for a retracement lower. I have picked up a long position from 46 and will buy ...

SophieFX's Journal

I am thinking 42 as stop...

james16 Chart Thread

Oil:

SophieFX's Journal

Interesting. I am considering buying... I would consider the weekly BUOB closing back above 44.00 combined with some RSI divergence to have some sort of trend reversal potential. Or am I missing something? ...and monthly is a pin bar...

james16 Chart Thread

Ahead of the coming week, I wanted to add some comments on the big picture. Mostly to myself but also in light of the inspiration I have received from reading the James 16 chart thread. As I look through recent price action, good setups seems to be ...

SophieFX's Journal

Wow, this thread is awe inspiring... been reading a couple of hours. Lots of hidden gems. I was aware of the pin bar setup, but the rest... just wow!

james16 Chart Thread

Wow, you really made huge on euro short

SophieFX's Journal

Hihihi, thanks dimdel. Think there is a long way to go still I got stopped out of Gold, GBP/AUD and EUR/AUD. It was alright. I gave back -1.2% so I am still well up for the month. By the way, here is a view of my (somewhat lucky) trade short the ...

SophieFX's Journal

I am closing EUR/USD short for +100 pips or so ahead of the NFP. Also taking profit from some other short positions. I am keeping the positions in EUR/AUD, EUR/CAD, GBP/CAD and GBP/AUD open, as these are based on weekly setup. Also decided to keep ...

SophieFX's Journal

Here is a closer look at my GBP/AUD short entry from yesterday. Up around 80 pips or so right now, still a reversal setup, so the market will need some time to agree with me. 4 hour pin bar off 2.18 resistance which also happens to be the 38.2% fib ...

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Moving SL on short EUR/USD down to 1.1246. Looks like a trendline break :-)

SophieFX's Journal

Really? 2 days ago? Good that it was a demo then. I am not too sure about the systems longevity. I don't like I have to sit and watch all the time. It really builds up emotion. I prefer the set and forget kind of trading. Currently short on XAU/USD ...

SophieFX's Journal

I played around with the Quantum London Trading system this morning and made approx. +2% on my account. It was quite interesting...

SophieFX's Journal